Fyllo Raises $40M In Series C Round Led By Eminence Capital, Will Fund New Hires & Acquisitions

compliance technology platform Fyllo reported Monday that it has closed a CA$40 million ($32.1 million) series C round led by Eminence Capital.

For both and mainstream brands, Fyllo's Data Marketplace provides unparalleled access to and CBD audiences, which has grown into a lucrative consumer segment.

"In 2021, demand for our products skyrocketed," Chad Bronstein, CEO and founder of Fyllo, said. "We couldn't be happier to work with Eminence Capital, a trailblazing firm known for investing in innovative, high-growth industries."

Fyllo announced that it plans to use the funds to continue investing in top talent and for accretive acquisitions to enhance its technology stack following the purchase of retail and marketing platform DataOwl in …

Full story available on Benzinga.com

More Fyllo Raises $40M In Series C Round Led By Eminence Capital, Will Fund New Hires & Acquisitions